Monterey Bay Aquarium Research Institute
and Stanford University form
technology licensing alliance

MOSS LANDING, California—The Monterey Bay Aquarium Research Institute
(MBARI) and Stanford University's Office of Technology Licensing announced
the formation of an alliance to market and license MBARI technology for
commercial use.

The Monterey Bay Aquarium Research Institute was founded as a private
non-profit oceanographic center in 1987 by David Packard with a mission to
develop better instruments, systems, and methods for ocean science and
technology. MBARI met the challenge of designing and building an advanced
remotely operated vehicle (ROV) for deep-sea exploration, and is now
developing genetic probes, sampling devices, autonomous underwater
vehicles and specialized ocean instrumentation for long-term measurements.
MBARI scientists continue to demonstrate the value of advanced technology
for remote observations and for performing complex experiments and
manipulations in the sea.

"MBARI is absolutely delighted with the strategic alliance we have
formed with Stanford University to help transfer MBARI technology and
other discoveries to potential beneficiaries in the most cost-effective
manner," said Marcia McNutt, MBARI President and CEO. "Stanford
has a superb reputation in licensing issues and a philosophy that very
much matches MBARI's own—accelerating technology transfer for the
benefit of society. Stanford has an impressive roster of clients and a
licensing office with much more breadth and depth than MBARI could ever
hope to assemble."

Katharine Ku, Director of Stanford's Office of Technology Licensing,
added "We have been interested in bringing together a critical mass
of oceanographic technologies and the alliance will be a great first step.
MBARI and Stanford have many close research relationships so we are
particularly excited about working together to bring MBARI innovations to
the marketplace."

Stanford University's Office of Technology Licensing has built close
relationships with both Stanford faculty and industry to help facilitate
the transfer of technology in ways that benefit society. Its unique patent
and technology database offers efficient access to patented and advanced
unpatented technologies developed by Stanford.